in washington, democrats and the principles in both the house and the senate. when it came to the republicans the principles would not meet. they sent their lackeys underlings, their staffers. we got a split reaction. some in private conceded that taxes would have to go up. others were true believers, they had drunk the kool-aid and walked out on us. so, you know, i would say that, you know, ventures up to capitol hill are exercises in political 166. >> eliot: once again what troubles me so much is the unwillingness to confront data, to look at what has worked in the economy. you have studied the history and know the marginal tax rates were up when our economy was booming early in the last century. how do they square those positions. >> i can't speak for them. i don't live in the bubble and i don't read the literature, the propaganda. it's a myth. it's the knowing lower of capitalism. it's the mythology of capitalism and more reflective of a philosophical position, which is concentrate wealth in the hands of a few. >> right. let me focus for a moment on the group, the millionaires themselves.